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Allete Inc

Allete Inc (ALE)

63.87
0.12
(0.19%)
Closed September 20 4:00PM
63.87
0.00
(0.00%)
After Hours: 4:00PM

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Key stats and details

Current Price
63.87
Bid
-
Ask
-
Volume
252,137
63.59 Day's Range 64.02
49.29 52 Week Range 65.86
Market Cap
Previous Close
63.75
Open
63.99
Last Trade
32674
@
63.87
Last Trade Time
Financial Volume
$ 16,103,545
VWAP
63.8682
Average Volume (3m)
347,670
Shares Outstanding
57,753,513
Dividend Yield
4.42%
PE Ratio
14.94
Earnings Per Share (EPS)
4.28
Revenue
1.88B
Net Profit
247.1M

About Allete Inc

ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and ... ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and distribution activities, is responsible for most of ALLETE's total revenue by way of electricity sales and transmission service fees. The majority of the energy sold and distributed by ALLETE is produced by its own portfolio of coal-fired, wind, natural gas-fired, biomass, and hydroelectric power plants. Coal fuel sources, specifically, account for most of this. The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers. Show more

Sector
Electric & Other Serv Comb
Industry
Electric & Other Serv Comb
Website
Headquarters
Duluth, Minnesota, USA
Founded
-
Allete Inc is listed in the Electric & Other Serv Comb sector of the New York Stock Exchange with ticker ALE. The last closing price for Allete was $63.75. Over the last year, Allete shares have traded in a share price range of $ 49.29 to $ 65.86.

Allete currently has 57,753,513 shares outstanding. The market capitalization of Allete is $3.68 billion. Allete has a price to earnings ratio (PE ratio) of 14.94.

ALE Latest News

New Energy Equity achieves Gold Certification for advancements on DEIJ issues

New Energy Equity achieves Gold Certification for advancements on DEIJ issues PR Newswire ANNAPOLIS, Md., Sept. 17, 2024 ANNAPOLIS, Md., Sept. 17, 2024 /PRNewswire/ -- New Energy Equity, a wholly...

ALLETE shareholders approve proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

ALLETE continues to expect transaction to close in mid-2025 ALLETE, Inc. (NYSE: ALE) announced that its shareholders voted today to approve the company’s proposed transaction with Canada Pension...

ALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission project

ALLETE (NYSE:ALE), a co-developer of the North Plains Connector transmission project, applauds the U.S. Department of Energy for its support of the Montana Department of Commerce Grid Resilience...

ALLETE, Inc. reports second quarter 2024 earnings

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2024 earnings of 57 cents per share on net income of $33.0 million. Last year’s second quarter results were 90 cents per share on net income...

CORRECTING and REPLACING ALLETE Board of Directors Declares Dividend on Common Stock

First paragraph, first sentence of release dated July 25, 2024 should read: The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.5 cents per share of common...

ALLETE Board of Directors Declares Dividend on Common Stock

The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.05 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.82 per share...

Kuehn Law Encourages GRDI, ALE, HTLF, and AMBC Investors to Contact Law Firm

Kuehn Law Encourages GRDI, ALE, HTLF, and AMBC Investors to Contact Law Firm PR Newswire NEW YORK, July 17, 2024 NEW YORK, July 17, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.080.12541150650663.7964.1563.5524725263.82735392CS
40.430.67780580075763.4464.156320880763.57224315CS
121.221.947326416662.6564.961.5134767063.52229054CS
265.8910.158675405357.9865.8656.6640625462.62907309CS
527.3412.984256147256.5365.8649.2938178760.16752923CS
1563.585.9379664952760.2968.6147.7733461960.61131986CS
260-23.7-27.064063035387.5788.647.7732550362.32859059CS

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ALE Discussion

View Posts
Timothy Smith Timothy Smith 9 years ago
ALLETE (NYSE:ALE): Q1 EPS of $0.85 misses by $0.02.

Revenue of $320M (+7.9% Y/Y) beats by $5.1M.
👍️0
Penny Roger$ Penny Roger$ 12 years ago
~ Wednesday! $ALE ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ Wednesday! $ALE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
Penny Roger$ Penny Roger$ 13 years ago
ALLETE, Inc. (ALLETE) is an energy company. ALLETE operates in two business segments: Regulated Operations and Investments and Other. Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC (ATC), a Wisconsin-based regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Investments and Other consists of BNI Coal, Ltd. (BNI Coal), the Company’s coal mining operations in North Dakota, and ALLETE Properties, LLC and its subsidiaries (ALLETE Properties), its Florida real estate investment. In July 2011, the Company incorporated new company, ALLETE Clean Energy.

http://www.google.com/finance?q=ALE
👍️0

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